NEW
Trader Makes Bold Move with Leveraged ETH Purchase | Flash News Detail | Blockchain.News
Latest Update
12/31/2024 1:15:03 AM

Trader Makes Bold Move with Leveraged ETH Purchase

Trader Makes Bold Move with Leveraged ETH Purchase

According to EmberCN, a trader known for aggressive strategies has re-entered the Ethereum market after previously selling at a loss. In the past 7 hours, the trader invested 82.34 million USDT to purchase 25,204.6 ETH at an average price of $3,322. Notably, 34.5 million USDT of this investment was borrowed against ETH collateral on Aave, marking the trader's first use of leverage. This move indicates a strong bullish sentiment towards Ethereum's future performance.

Source

余烬

@EmberCN

Analyst about On-chain Analysis